Deribit Exchange

From CryptoWiki

Basics

A CEX

Audits & Exploits

"⌛️ 27 days since Proof of Reserves

📎 Announcement

🔎 Assets included: BTC ETH SOL

Merkle tree not available or not verifiable online

❌ Merkle tree not open sourced

Wallet addresses made public

❌ Wallet ownership not audited by third-party

❌ Wallet ownership not proven publicly by custom message"

Competition

  • From this Vietnamese blog (3-12-2020):

"Opyn is like an unauthorized Deribit, its only advantage is that there is no KYC. If KYC is not a problem for a particular trader, then the logical choice is to trade on Deribit instead of Opyn since the pricing structure is exactly the same. Trading on Deribit is cheaper and the exchange is also much more liquid."

Team, Funding